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According to the study conducted by Allied Market Research, factors such as falling prices, greater adoption of touch-screen devices and rise in automotive industry are driving the global microcontrollers market.

Factors such asfalling prices, greater adoption of touch-screen devices and rise in automotive industry are driving the global microcontroller market. However, tough competition would pull the momentum in the growth of the market.

Portland, Oregon (PRWEB UK)11 June 2014

Microcontrollers are specially designed processors installed inside an electronic device to manage its various operations. Like computers, they have memory, I/O peripherals and processors.

Microcontrollers help in easy execution of activities and make the management of devices easy and seamless. Hence, the popularity of this technology is rising in sectors such as automobile, communication, and others.

Factors such as falling prices, greater adoption of touch-screen devices and rise in automotive industry are driving the global microcontroller market. However, tough competition would pull the momentum in the growth of the market.

In terms of product types, the report segments the market into 8-bit, 16-bit and 32-bit. 32-bit product market would lead the overall product market due larger availability and falling prices.

In terms of applications, the market is divided into domains such as automotive, computer, industrial, retail, communication, and others. Automotive sector has the highest application; however, with decreasing cost, industrial sector would drive the application market in the future.

In terms of geographical analysis, North America is the leading the global market. However, with rising automobile industry in the APAC region, Asia Pacific is expected to have a significant share in the global market.

Key companies in the global microcontrollers market are:

Infineon Technologies

Freescales Semiconductor, Inc.

Reneseas Electronics Corp

Texas Instruments

Atmel Corp

STMicroelectronics

Samsung Electronics

Microchip Technologies, Inc.

NXP Semiconductors

Fujitsu

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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP, based inPortland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. All the data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of concerned domain. Our secondary data procurement methodology includes deep online and offline research and discussions with knowledgeable professionals and analysts in the industry.